Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
The Graph is up 4.33% today against the US Dollar
GRT/BTC increased by 5.16% today
The Graph is currently trading 21.81% below our prediction on May 02, 2024
The Graph dropped -35.30% in the last month and is up 99.81% since 1 year ago
The Graph price $ 0.270868 The Graph prediction $ 0.346440 (30.61%) Sentiment Neutral Fear & Greed index 67 (Greed) Key support levels $ 0.253624, $ 0.247864, $ 0.239353 Key resistance levels $ 0.267895, $ 0.276406, $ 0.282166
GRT price is expected to rise by 30.61% in the next 5 days according to our The Graph price prediction
The Graph price today is trading at $ 0.270868 after gaining 4.33% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 3.38% in the same time period. GRT performed well against BTC today and recorded a 5.16% gain against the world’s largest cryptocurrency.
According to our The Graph price prediction, GRT is expected to reach a price of $ 0.346440 by May 02, 2024. This would represent a 30.61% price increase for GRT in the next 5 days.
GRT Price Prediction Chart
Buy/Sell The Graph
What has been going on with The Graph in the last 30 days
The Graph has been displaying a negative trend recently, as the coin lost -35.30% in the last 30-days. The medium-term trend for The Graph has been bullish, with GRT increasing by 69.68% in the last 3 months. The long-term picture for The Graph has been positive, as GRT is currently displaying a 99.81% 1-year price change. On this day last year, GRT was trading at $ 0.135562.
The Graph reached its all-time high price on Feb 12, 2021, when the price of GRT peaked at $ 2.87. The current GRT cycle high is $ 0.491682, while the cycle low is at $ 0.051894. GRT has been displaying high volatility recently – the 1-month volatility of the coin is at 16.29. The Graph recorded 13 green days in the last 30 days.
The Graph technical analysis for today - Apr 27, 2024
The sentiment in the The Graph markets is currently Neutral, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.253624, $ 0.247864 and $ 0.239353, while $ 0.267895, $ 0.276406 and $ 0.282166 are the key resistance levels.
Neutral sentiment for The Graph
14 indicators are currently signaling a bullish prediction for The Graph, while 14 indicators are showing a bearish forecast. With 50% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for The Graph.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 67 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
The Graph moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how The Graph is positioned in the market right now.
Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 0.266763 (BUY) $ 0.264091 (BUY) - - MA5 $ 0.273162 (SELL) $ 0.266071 (BUY) - - MA10 $ 0.291685 (SELL) $ 0.281533 (SELL) - - MA21 $ 0.298799 (SELL) $ 0.309584 (SELL) -$ 0.97 (BUY) $ 0.254462 (BUY) MA50 $ 0.347334 (SELL) $ 0.318395 (SELL) -$ 0.82 (BUY) $ 0.194570 (BUY) MA100 $ 0.277423 (SELL) $ 0.284205 (SELL) -$ 0.50 (BUY) $ 0.131534 (BUY) MA200 $ 0.206847 (BUY) $ 0.231708 (BUY) - -
Period Value Action RSI (14) 40.43 NEUTRAL Stoch RSI (14) 97.10 SELL Stochastic Fast (14) 56.10 NEUTRAL Commodity Channel Index (20) -66.67 NEUTRAL Average Directional Index (14) 25.99 SELL Awesome Oscillator (5, 34) -0.04 NEUTRAL Momentum (10) 0.01 NEUTRAL MACD (12, 26) 0.00 NEUTRAL Williams Percent Range (14) -43.90 NEUTRAL Ultimate Oscillator (7, 14, 28) 52.02 NEUTRAL VWMA (10) 0.27 SELL Hull Moving Average (9) 0.30 SELL Ichimoku Cloud B/L (9, 26, 52, 26) 0.30 NEUTRAL
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for The Graph is at 40.43, suggesting that GRT is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of The Graph over the last 50 days. Currently, The Graph is trading above the SMA 50 trendline, which is a bullish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the GRT closing price for the last 200 days. GRT is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this The Graph prediction
After considering the above factors, we can conclude that the current forecast for The Graph price prediction is Neutral. GRT would have to increase by 30.61% to hit our $ 0.346440 target within the next five days. Moving forward, it will be important to monitor the GRT market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term The Graph price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.